The Nvidia technology company now stands alone at the top of the worth list as on Wednesday it became the first publicly traded company to reach $4 trillion in market value.

The company's stock ended with a gain of 1.80%, leaving it with a market value of $3.97 trillion. Nvidia's soaring market value underscores Wall Street's confidence in the rapid growth of AI, with the company's high-performance chips forming the backbone of this technological advance.

Nvidia became the first public company to reach a $4 trillion market capitalization on July 9, outpacing other well-known giants as the artificial intelligence boom fuels demand for its chips. Market capitalization,